Orient Cement (India) Technical Analysis
ORIENTCEM | 338.60 9.15 2.78% |
As of the 28th of November, Orient Cement holds the Coefficient Of Variation of 1644.21, risk adjusted performance of 0.054, and Semi Deviation of 2.18. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orient Cement, as well as the relationship between them.
Orient Cement Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orient, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrientOrient |
Orient Cement technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Orient Cement Limited Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Orient Cement Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orient Cement Limited Trend Analysis
Use this graph to draw trend lines for Orient Cement Limited. You can use it to identify possible trend reversals for Orient Cement as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Orient Cement price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orient Cement Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orient Cement Limited applied against its price change over selected period. The best fit line has a slop of 0.97 , which means Orient Cement Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 35575.33, which is the sum of squared deviations for the predicted Orient Cement price change compared to its average price change.About Orient Cement Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Orient Cement Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Orient Cement Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Orient Cement Limited price pattern first instead of the macroeconomic environment surrounding Orient Cement Limited. By analyzing Orient Cement's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Orient Cement's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Orient Cement specific price patterns or momentum indicators. Please read more on our technical analysis page.
Orient Cement November 28, 2024 Technical Indicators
Most technical analysis of Orient help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Orient from various momentum indicators to cycle indicators. When you analyze Orient charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Math Operators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.054 | |||
Market Risk Adjusted Performance | (0.34) | |||
Mean Deviation | 2.15 | |||
Semi Deviation | 2.18 | |||
Downside Deviation | 2.35 | |||
Coefficient Of Variation | 1644.21 | |||
Standard Deviation | 2.93 | |||
Variance | 8.6 | |||
Information Ratio | 0.0181 | |||
Jensen Alpha | 0.2238 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | 0.0225 | |||
Treynor Ratio | (0.35) | |||
Maximum Drawdown | 13.35 | |||
Value At Risk | (4.05) | |||
Potential Upside | 6.24 | |||
Downside Variance | 5.54 | |||
Semi Variance | 4.77 | |||
Expected Short fall | (2.71) | |||
Skewness | 0.889 | |||
Kurtosis | 1.11 |
Complementary Tools for Orient Stock analysis
When running Orient Cement's price analysis, check to measure Orient Cement's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orient Cement is operating at the current time. Most of Orient Cement's value examination focuses on studying past and present price action to predict the probability of Orient Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Cement's price. Additionally, you may evaluate how the addition of Orient Cement to your portfolios can decrease your overall portfolio volatility.
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